Mongolia sees South Korea as a key partner in trade and tourism

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Mongolia sees South Korea as a key partner in trade and tourism

This year marks the 35th anniversary of the establishment of diplomatic relations between Mongolia and South Korea

Mongolian member of Parliament and head of the Standing Committee on Justice Tsogtbaatar Damdin received South Korean first vice-minister of Foreign Affairs Park Yoonjoo in Ulan Bataar on Thursday, 21st August.

The meeting marked the 35th anniversary of the establishment of diplomatic relations between Mongolia and South Korea.

In his remarks at the event, Tsogtbaatar noted that the number of mutual visits between the citizens of the two countries hit 363,000 as of end-2024.

The member of Parliament added that South Korea is a key partner for Mongolia in Asia in terms of trade and tourism; indeed, the two nations have maintained a strong partnership since the establishment of diplomatic ties.

Tsogbataar likewise cited the rapid evolution of tourism initiatives between Mongolia and South Korea.

Equality in government

For his part, Park cited the high representation of women in the Mongolian Parliament, noting it as a strong indicator of democratic consolidation.

He further expressed satisfaction that the two countries share a strong mutual understanding and close people-to-people relations, driven by their close geographical proximity.

Tsogtbaatar concluded by saying that Mongolia is working to improve the legal environment for foreign investment, and emphasized that there are many valuable practices his country could learn from their regional neighbours in that respect.

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Mongolia sees South Korea as a key partner in trade and tourism

This year marks the 35th anniversary of the establishment of diplomatic relations between Mongolia and South Korea

Mongolian member of Parliament and head of the Standing Committee on Justice Tsogtbaatar Damdin received South Korean first vice-minister of Foreign Affairs Park Yoonjoo in Ulan Bataar on Thursday, 21st August.

The meeting marked the 35th anniversary of the establishment of diplomatic relations between Mongolia and South Korea.

In his remarks at the event, Tsogtbaatar noted that the number of mutual visits between the citizens of the two countries hit 363,000 as of end-2024.

The member of Parliament added that South Korea is a key partner for Mongolia in Asia in terms of trade and tourism; indeed, the two nations have maintained a strong partnership since the establishment of diplomatic ties.

Tsogbataar likewise cited the rapid evolution of tourism initiatives between Mongolia and South Korea.

Equality in government

For his part, Park cited the high representation of women in the Mongolian Parliament, noting it as a strong indicator of democratic consolidation.

He further expressed satisfaction that the two countries share a strong mutual understanding and close people-to-people relations, driven by their close geographical proximity.

Tsogtbaatar concluded by saying that Mongolia is working to improve the legal environment for foreign investment, and emphasized that there are many valuable practices his country could learn from their regional neighbours in that respect.

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